Manufacturer looks to post-acquisition turnover growth

Key Land Capital directors Alex Sutherland (left) and Kevin Patrick Sharkey.  

A Birmingham-based manufacturer of aluminium windows and doors has been acquired in a deal which could see turnover increase by more than 100% in the next two years.

Key Land Capital’s investments division has bought Fusion Windows and Doors, which operates from a 10,000 sq ft manufacturing unit at Hubert Street, Aston, for an undisclosed sum.

Kevin Patrick Sharkey, director of Key Land Investments, said Fusion is in a strong position to take advantage of a buoyant commercial and residential property market with its range of aluminium door and window products.

He said: “We have identified Fusion as offering a business which offers great opportunities to grow. It complements our own property development business, and we plan to use Fusion products on some of our projects. However, we also believe there is a strong demand for these products at commercial and residential developments right across the UK and it is this relatively untapped market that we intend to target.”

The current annual turnover of £750,000 could be increased to £2m in the next two years, and over £5m in three to five years, said Sharkey, adding that an experienced management team is being assembled by the new owners and a number of new jobs are to be created.

Key Land Investments also owns a start-up online accountancy business, which recently celebrated its first anniversary and a year of rapid growth by announcing the signing of its 400th client. Sidekick, based in Aston, Birmingham, provides a range of accountancy services for small businesses, tradesmen and contractors and delivers advice for a fixed monthly fee.

Key Land Investments also owns Driver Unlimited and Loansoft.
 

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